ENRC, First Quantum settle DRC dispute
Kazakh miner ENRC has agreed a $1.25bn settlement with First Quantum Minerals to end a long-running dispute over ownership of the Kolwezi project in the DRC.
Jintu deal sealed as Gold One hits target
Gold One International has exceeded its production target for 2011, avoiding a punitive "claw-back' clause which formed part of its takeover by the Jintu-led consortium.
Appeal against MWS’ water licence dismissed
First Uranium Corporation says the appeal lodged against Mine Waste Solutions' water use licence has been dismissed.
Zambia govt mediating in First Quantum strike
Zambia's government is mediating to end the strike that has halted production at Canada's First Quantum Minerals flagship copper mine, says the minister of labour.
Iron ore fall raises doubts on Australia tax plan
Australia's politically charged mining profits tax may raise less of the initial A$11bn Prime Minister Julia Gillard is promising if iron ore prices return to November levels.
Smelters, BHP settle 2012 copper charges
China's copper smelters and BHP Billiton have settled 2012 term copper concentrate treatment and refining charges at $60 a tonne and 6 US cents a pound.
First Quantum says Zambia strike illegal
First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.
Gold rises in line with euro recovery
Gold is rallying and boosted by a rise in the euro against the dollar, after the price hit its lowest in nearly six months last week in a flurry of year-end speculative selling.
Resources give JSE New Year fillip
The JSE was up more than 2% as stronger commodity prices drove the resources sector higher, although trade was thin.
Jim Rogers says bearish on gold
The euro may rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, says investor Jim Rogers.